Audio By Carbonatix
The Minister for Trade and Industry Hanna Tetteh has described the decision to establish a Free Zone in Ghana, as a very wise one by the NDC administration under former President Jerry Rawlings.
Miss Hanna Tetteh made the statement when she together with the American Ambassador to Ghana Donald Teitelbaum opened Lucky 1888 Mills, LLC a leading global manufacturer of home and commercial textiles catering for the retail, hospitality and healthcare markets worldwide.
According to the minister, when the act was passed there were lots of concerns as to why a country has to lose lots of taxes in implementing the act but, said that the company which operates under the Free Zones Act will bring lots of employment to the Ghanaian.
The factory currently employs 180 workers, most of whom are young women who have recently completed training.
She added that government will do its best to help companies flourish in Ghana.
On his part, the US ambassador to Ghana Donald Teitelbaum said the establishment was as a result of Good U.S-Ghana ties and the African Growth and Opportunity Act (AGOA) and he was happy the factory was going to better the lives of Ghanaians.
Mr. Chris Motley one of the American Directors of the company said the factory has plans to expand and sell the name of Ghana on the US market as all the garments have the inscription Made in Ghana.
Export is expected to start next week.
Story: Kofi Adomah/Adom News
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Gbintiri residents protest alleged diversion of 24-hour market project
25 minutes -
Justin Bieber headlines Coachella with nostalgia-fuelled set
27 minutes -
Ukraine and Russia accuse each other of hundreds of ceasefire violations
31 minutes -
Asha Bhosle: The sound of Bollywood dies aged 92
59 minutes -
Fire destroys section of 4-bedroom apartment at Tantra Hill
1 hour -
Safe city: Unnoticeable protection
1 hour -
North East Regional Police Commander raises alarm over burning of checkpoints
1 hour -
Free Primary Healthcare Programme set for take-off — Health Ministry confirms readiness
2 hours -
3 co-wives, 5 children perish in canoe disaster – Maritime Authority insists life jackets use mandatory for all water transport
2 hours -
Iran war lands ‘triple blow’ to flood-ravaged Sri Lankans
3 hours -
Gunmen kill at least 11 people at Afghanistan picnic spot
3 hours -
Woman, 25, in court for stealing baby at Bogoso
3 hours -
Trump unveils giant gold-accented victory arch design for US capital
3 hours -
We spoke to the man making viral Lego-style AI videos for Iran. Experts say it’s powerful propaganda
3 hours -
Hungarians vote in big numbers on whether to end Orbán rule and elect rival
3 hours